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South Africa Updates Guide for Tax Rates, Duties, and Levies

|Approved Changes|South Africa
South Africa

On 24 August 2023, the South African Revenue Service (SARS) published an updated Guide for Tax Rates/Duties/Levies (Issue 16), which provides a current and historical view of the rates of various taxes, duties, and levies collected by SARS. This includes:

  • Corporate tax rates for:
    • companies in general;
    • mining companies;
    • insurers;
    • small business corporations;
    • public benefit organisations or recreational clubs; and
    • micro businesses;
  • Personal income tax rates;
  • Tax rates for trusts;
  • Value-adde…

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